Close to 100 stocks trading nearing lifetime high on BSE

12 May 2017, 01:19 | Virginia Benson

Q4 earnings stay just above St estimates

With investors' positive sentiment that widened their buying spree following the forecast of a normal Monsoon this year by Indian Meteorological Department (IMD), benchmarks Sensex and Nifty surpassed its previous record closing and hit fresh record highs on Wednesday.

The BSE Sensex zoomed 264 points to quote at an all-time high of 30,197.66, while the broader NSE Nifty scaled 9,390.15.

On similar lines, the NSE Nifty, after hitting an all- time high of 9,414.75, settled higher by 90.45 points, or 0.97 per cent at 9,407.30.

The Sensex and Nifty were trading flat due to heavy selling in power, oil & gas, PSU and capital goods stocks amid weak European cues.

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